Household wealth may be improving, according to a Federal Reserve report Thursday that credited stock market and home-price increases with allowing Americans to regain the $16 trillion in wealth they lost to 2008 recession.
But stock market gains are for those who own stocks. Many don't and face the prospect of working long into what they hoped would be retirement in order to pay the bills. Seventy-four percent of baby boomers are not able to retire, according to a recent AARP study. And they may be the lucky ones.
Many older workers are hard pressed to find employment once laid off, and if they do, they are likely to find themselves paid far less than they were getting before.
Bob Weinstein, a New York-based journalist and syndicated columnist, has some words of advice.
He has written a guide and resource book for older workers who have no choice but to work well into their retirement years.
Weinstein will be at the Chatham (N.Y.) Bookstore on Saturday, March 23, from 5 to 7 p.m. to talk about the book, "So What If I'm 65: Get a Job, Get the Most Out of Your Best Years," and to answer questions.
Written from his personal and professional experience, the book shows how older workers should conduct their job search and continue to work well into their 70s, an announcement from the bookstore said.
Critical issues such as age discrimination and stereotyping that bar older workers from jobs are examined.
Weinstein has worked as a newspaper and magazine journalist and created a weekly King Features syndicated column called "Tech Watch."
He has written 13 career books, published by Simon & Schuster, Macmillan, McGraw-Hill, Prentice Hall and Henry Holt, his Chatham Bookstore host says.
Weinstein lives in Ghent and Brooklyn, N,Y.
The Chatham Bookstore is at 27 Main St. in Chatham, N. Y.
For more information, call (518) 392-3005.
To reach Charles Bonenti:
or (413) 496-6211.
On Twitter: @BE_Lifestyles